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PMS reveals Woolwich remortgage exclusives

Last week Woolwich launched a 3.99 per cent rate for new borrowers, but now it has launched a remortgage option with the mortgage club.

The Woolwich generic fixed and tracker hybrid products will be fixed at 3.99 per cent or 4.99 per cent they then track at 1.99 per cent above the Barclays Bank Base Rate, which is currently just 3 per cent. The deals are available at 60 per cent and 70 per cent LTV.

PMS corporate manager Martin Reynolds says: “We feel these deal are an excellent compliment to the Woolwich core range and we are delighted that they have chosen us as their exclusive DA partner for these products.”

One of the areas that will be high on the new minister for pensions’ to-do list will be the forthcoming review of automatic enrolment (AE). The outgoing minister had regularly said that AE contribution levels would need to be revisited early in this parliamentary term, and new research by Jelf Employee Benefits reveals employer support for such proposals.

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22nd February 201912:00 pm

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